Intermediate or Senior Underwriter, Trade Credit

Intact Financial Corporation; Ottawa; On-site; CAD 81,000 - 99,000; Full time

Benefits offered by this job

Hybrid work model

Annual bonus potential

Employee Share Purchase Plan

Pension plan

Wellbeing benefits

Job summary

Intact Financial Corporation in Canada is seeking an Intermediate or Senior Underwriter, Trade Credit, to join our growing Trade Credit team. You will manage a portfolio across Canada, build broker and policyholder relationships, and contribute to profitable growth with support from senior underwriters.

We offer a hybrid work model, a strong salary range, annual bonus potential, and a comprehensive benefits package including ESPP and pension, with opportunities to advance your underwriting

Qualifications

• Minimum 2 years for the intermediate role and minimum 5 years for the senior underwriter role in Trade Credit.
• Proficiency in financial statement analysis and knowledge of Trade Credit insurance.
• Bilingual in French and English.
• Strong organization and time management in a fast-paced environment.
• Ability to work independently while collaborating with a national team.

Responsibilities

• Underwrite new and renewal business within assigned authority and guidelines.
• Support day-to-day operations and strategic initiatives to achieve profitable growth targets.
• Build market intelligence with Brokers, Policyholders and internal partners.
• Present Intact’s product offering with technical proficiency to grow portfolio and beyond.
• Collaborate with internal teams (Claims, Risk, Operations) to support solutions.
• Contribute ideas to improve workflows and service standards.
• Develop industry and product knowledge to strengthen underwriting decisions.
• Review underwriting data, perform financial analysis and assess risk.
• Negotiate terms and conditions for new business and renewals; escalations as needed.

Skills

Underwriting

Financial analysis

Bilingual FR/EN

Portfolio management

Communication

Education

University/College degree

Job description

Our employees are at the heart of everything we do. Together, we help people, businesses, and society prosper in good times and be resilient in bad times.

Our employee promise represents Intact’s commitment to you in exchange for living our Values, striving to do your best work, being open to change and investing in your career. In return, we promise to provide support, opportunities and performance-led financial rewards at a workplace where you can shape the future, win as a team and grow with us.

Pay at Intact is about much more than just salary.

• Flexible work arrangements and a hybrid work model

• Possibility to purchase up to 5 extra days off per year

• Multiple benefits offered to support physical and mental wellbeing, including telemedicine, Wellness account and much more

• Share plan & other savings: up to 12% of salary or even more (ask how you could earn guaranteed income for life)

Salary range

(but not limited to):

80,700 - 98,700

Annual bonus target, based on the base salary, with a potential payout of up to double the target (subject to personal and company performance):

10%

As part of our commitment to Win As A Team, we share our success with employees through our annual bonus plan and Employee Share Purchase Plan (ESPP) – with Intact matching 50% of your net shares.

Our pension offerings provide flexibility and long-term security for our employees beyond their careers. We are one of the few companies offering the opportunity to receive guaranteed income for life via our defined benefit pension plan.

Salary for the candidate will be determined taking into consideration a number of factors including: experience, skills, qualifications, anticipated contribution to role, internal equity, etc. The salary range presented above is based on a 35-hour workweek and would represent a majority of different candidate profiles. However, we encourage candidates who may fall outside of this range to apply as well.

About the role

A career with Intact Specialty Solutions is an opportunity to deepen your expertise in the insurance industry and grow your skillset across a wide variety of lines of business spanning 180 countries. Being part of Canada’s largest P&C insurer and leading provider of global specialty insurance means learning from industry experts and expanding our capabilities. Here you’ll develop not only your career but also establish Intact’s reputation as a leader in Specialty Solutions across the globe.

We’re looking for an Intermediate or Senior Underwriter, Trade Credit, to join our growing and dynamic team!

As a Underwriter in the Trade Credit team, this role offers a broad range of underwriting and development opportunities. You’ll manage a portfolio of accounts across Canada, build strong Broker and Policyholder relationships, and contribute to initiatives that support profitable growth. You’ll be supported by senior underwriters and management for guidance on complex files, while continuing to deepen your technical skills and market knowledge.

You’ll be counted on to apply underwriting guidelines consistently, use sound judgment on risk selection, and bring forward observations on trends and emerging risks. You will also support the team by contributing to reporting and operational insights, identifying and executing on sales opportunities, and helping leaders understand portfolio performance.

What you’ll do here:

• Underwrite new and renewal business within assigned authority and guidelines.

• Support day-to-day operations and strategic initiatives to achieve profitable growth targets.

• Build market intelligence by working with Brokers, Policyholders and internal partners.

• Present and explain Intact’s product offering with strong technical proficiency, identifying opportunities to grow within your portfolio and beyond.

• Collaborate with internal teams (e.g., Claims, Risk, Operations) to share insights and support customer solutions.

• Contribute ideas to improve workflows, service standards, and team efficiency.

• Continue developing industry and product knowledge to strengthen underwriting decisions.

• Review underwriting information and data, complete financial analysis, and apply critical thinking to risk and relationship considerations.

• Negotiate terms and conditions for both new business and renewals, escalating exceptions as required.

What you bring to the table:

• Experience: Minimum 2 years for the intermediate role and minimum 5 years for senior underwriter role in Trade Credit or equivalent experience in the financial sector.

• Proficiency in financial statement analysis and a working knowledge of the Trade Credit insurance product.

• Strong organization and time management skills with the ability to manage multiple priorities in a fast-paced environment.

• Clear communication skills, with confidence to ask questions and appropriately challenge when needed.

• Ability to work independently while collaborating effectively with a national team.

• Solid analytical, negotiation, and decision-making skills within assigned underwriting authority.

• Professionalism and a high standard of integrity, confidentiality, and accountability.

• Demonstrated customer service mindset and relationship-building capability.

• University and/or College Degree or any combination of equivalent education and experience. MBA, CFA, or CPA designation is an asset.

• Bilingual in French and English is a requirement.

• Willingness to travel occasionally, as required.

Please note that the posted salary range is for the Intermediate Underwriter role. We encourage candidates who may fall outside of this range to apply as well.

Ce poste jouera un rôle essentiel au sein de notre équipe. | This position will fill an essential role in our team.

We are an equal opportunity employer

At Intact, our Value of respect is founded on seeing diversity as a strength. We strive to create an accessible workplace where employees feel valued, included and encouraged to share their unique perspectives.

We encourage applications from individuals who are members of equity-deserving groups, including but not limited to women, Indigenous peoples, persons with disabilities, Black people, and members of the 2SLGBTQI+ community.

As part of Intact’s commitment to reconciliation, we acknowledge that we work, meet and travel across the land currently called Canada, originally inhabited by First Nations, Metis and Inuit people. This history extends through many centuries and continues to evolve today.

We have policies to ensure equal access and participation for people with disabilities, including providing workplace adjustments (accommodations). A copy of applicable policies is available on request.

If we can provide a specific adjustment to make the recruitment process more accessible for you, please let us know when we reach out about a job opportunity. We’ll work with you to meet your needs.

Learn more about our recruitment process and your candidate journey here.

Please note that Intact does not provide sponsorship or other support for immigration-related matters including but not limited to employer‑specific closed work permits. Candidates must be eligible to work in Canada from the anticipated start date and throughout their employment and are solely responsible for maintaining their work eligibility.